ICON Capital Corp., an equipment leasing and finance company based in New York City, today announced its plans to serve the Canadian marketplace.

ICON Funding, an affiliate of ICON with offices in Toronto and Vancouver will provide Canadian businesses with an array of specialty finance solutions that range from traditional leasing of equipment types such as information technology, aviation, marine, medical, manufacturing, materials handling, telecom, and furniture and fixtures to highly structured financial products for unusual asset types and emerging companies.

ICON’s acquisition of CLEARLINK Capital Corp.’s equipment leasing portfolio provides ICON Funding with an immediate customer base of high quality lessees along with a platform for offering these customers and new customers a wide range of financing alternatives. In addition to working with Fortune 500-type companies, ICON Funding will serve many small to midsize enterprises that have a proven management team and sustainable cash flow.

Beau Clarke, chairman and CEO of ICON, stated, “We are very excited about having a permanent presence in Canada. While ICON Funding will continue to offer competitive IT lease financing, responsive and flexible administration with a high level of personal service that our customers have been accustomed to, it will more effectively serve the Canadian marketplace by delivering a diverse offering of customized financing programs that enable companies to achieve their financial goals.”

ICON is the fifth largest independent equipment leasing and financing company in the United States, with its headquarters in New York City and with offices in San Francisco, Boston, Toronto, Vancouver, and soon in London, UK.